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First decline in global sales for McDonald’s in four years

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July 30, 2024
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Global fast food giant McDonald’s has reported a decline in sales for the first time in almost four years, citing rising prices and ongoing boycotts related to the conflict in Gaza. In its second quarter earnings report, the company revealed a 1% decrease in same-store sales – the first drop since the COVID-19 pandemic forced many of its branches to close in 2020. McDonald’s CEO Chris Kempczinski…

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